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$1,895,000
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Property Description
719 N 16th Street is a FULLY LEASED, luxury quadplex ideally positioned on a prime corner lot in the heart of booming Francisville, steps away from Fairmount Avenue. Each of the four spacious residences is a thoughtfully designed bi-level unit featuring bright, open-concept layouts, wood grain flooring, stainless steel appliance packages, quartz countertops, designer tile finishes, and in-unit full size laundry. The two upper units are crowned with private roof decks, offering coveted outdoor space and completely unobstructed skyline views. The property also includes one off-street parking space and approximately 6 years remaining on the FULL 10-year tax abatement, providing significant long-term value. This presents a unique opportunity to have a tun key investment opportunity locked in with great rent roles and low maintenance. With a stellar Walk Score of 93, this location places you less than a block from Fairmount Avenue and moments from top restaurants, cafés, neighborhood shops, public transportation, Broad Street, and quick access to I-76. A truly turnkey investment in a high-demand rental corridor with consistent appreciation.
Full Property Details
Full Property Details for 719 N 16th St
General
- Price: $1,895,000
- Taxes: $3,779 (2025)
- Status: Active
- Type: Townhouse
- Source: BrightMLSPhilly
- MLS ID: PAPH2166510
- Updated: 3/6/2026
- Added to Site: 1, 287 day(s) ago
Parking
- Total Spaces: 1
- Parking Type: Driveway
Location
- Area: 19130 (19130)
- Municipality: PHILADELPHIA
- County: PHILADELPHIA
- Subdivision: FRANCISVILLE
- Driving Directions: N 16th St between Fairmount Ave and Brown St
School Information
- School District: The School District Of Philadelphia
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Electric
- Heating Type: Forced Air
- Heating Fuel: Electric
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Other
- Structure Type: Interior Row/Townhouse
- Construction: Masonry
- Basement: Yes
- Basement Desc.: Fully Finished
- Foundation: Other
- Sq. Ft. Source: Estimated
- Year Built: 2020
- Year Built Source: Estimated
Lot Features
- Lot Size (Acres): 0.04
- Lot Size (Sq. Ft.): 1,660
- Lot Size Source: Assessor
- Lot Dimensions: 20.00 x 83.00
- Zoning: RM1
Financial Considerations
- Assessment Year: 2025
- School Tax: $2,116
- City/TownTax: $1,662
- City/TownTax Freq: Annually
- Tax w/Assessment: $270,000
- Tax Amount: $3,779
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Lot Number: 69
Listed by KW Empower, Arvind Balaji
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Schools
Schools serving 719 N 16th St
School District:Philadelphia City School District
| Name | Grades | Distance |
|---|---|---|
Waring Laura W School 1801 Green Street, Philadelphia, PA 19130 | K-8 | 0.3 mi |
Franklin Benjamin High School 550 North Broad Street, Philadelphia, PA 19130 | 12-11 | 0.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 719 N 16th St
Date
Details
Price
Change
Source
2/25/2026
Price Reduced
$1,895,000
-2.82%
MLS
10/04/2022
Listed
$1,950,000
301.65%
MLS
8/16/2019
Sold
$485,500
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 719 N 16th St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,779
—
$1,350,000
—
2024
$3,779
—
$1,350,000
100%
2023
$3,779
-29%
100%
2021
$5,286
40%
-100%
2023
$3,779
-29%
$270,000
-28%
2020
$5,286
3%
$377,600
3%
2019
$5,115
-9%
$365,400
-9%
2018
$5,636
—
$402,600
—
2017
$5,636
—
$402,600
—
2016
$5,636
4%
$402,600
—
2015
$5,395
—
$402,600
—
2014
$5,395
-14%
$402,600
529%
2013
$6,253
—
$64,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 719 N 16th St
719 N 16th Street, Philadelphia, PA 19130 (MLS# PAPH2166510) is a Townhouse property with 0 bedrooms and 0 full bathrooms. 719 N 16th Street is currently listed for $1,895,000 and was received on October 04, 2022. Want to learn more about 719 N 16th Street? Do you have questions about finding other Townhouse real estate for sale in Philadelphia? You can browse all Philadelphia real estate or contact a Coldwell Banker agent to request more information.

